Electronic Arts may rise to 148.60 - 151.50

Our pivot point is at 135.2.

Our preference

The upside prevails as long as 135.2 is support.

Alternative scenario

Below 135.2, expect 130.7 and 128.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 137.439 and 132.305).

Supports and resistances

154.1 **

151.5 *

148.6 **

146

139.33 (USD-last)

137

135.2 **

130.7 *

128 **

Number of asterisks represents the strength of support and resistance levels.